President Mamnoon Hussain on Friday congratulated Finance Minister Ishaq Dar on the country's up-gradation to Emerging Markets status. In a telephonic call to the Finance Minister, the President noted with appreciation that sound and sustained economic policies had resulted in Pakistan's qualification for Morgan Stanley Capital International (MSCI) Emerging Markets Index.
The President hoped that reclassification of Pakistan Index by MSCI would further open up the country's market for both domestic and foreign investment as Pakistan offers liberal and friendly investment opportunities. President Mamnoon expressed confidence that this would not only boost national economy but also raise the country's economic standing in the international markets.